Queenscliff has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.57% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Queenscliff has increased when compared to the 5 year average annual rate.
Queenscliff, 2096 is offering NSW ‘s 16th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
In the last year 94 properties changed hands in Queenscliff, which puts it as the 145th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Queenscliff being $873500 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 3.69%